Corporate Law Share Price Project

download Corporate Law Share Price Project

of 13

Transcript of Corporate Law Share Price Project

  • 8/8/2019 Corporate Law Share Price Project

    1/13

    Index

    Sr No. Topics

    1. INTRODUCTION - {ARTICLE}

    2. CORPORATE PROFILE

    3. COMPANIES FINANCIALS

    4. SHARE PRICE

    5. REASON FOR PRICE FLUCTUATION

    6. COMPARISON BETWEEN ITS COMPETITORS

    7. CONCLUSION

  • 8/8/2019 Corporate Law Share Price Project

    2/13

    Corporate Law

    INTRODUCTION

    Economic times suggestion Thursday 4th march 2010

  • 8/8/2019 Corporate Law Share Price Project

    3/13

    ICICI BANK

    Corporate Profile

    ICICI Bank is India's second-largest bank with total assets of Rs. 3,562.28 billion (US$ 77 billion) at December 31,

    2009 and profit after tax Rs. 30.19 billion (US$ 648.8 million) for the nine months ended December 31, 2009. The

    Bank has a network of 1,665 branches and about 4,883 ATMs in India and presence in 18 countries. ICICI Bankoffers a wide range of banking products and financial services to corporate and retail customers through a variety of

    delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and

    non-life insurance, venture capital and asset management. The Bank currently has subsidiaries in the United

    Kingdom, Russia and Canada, branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and

    Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa,

    Bangladesh, Thailand, Malaysia and Indonesia. Our UK subsidiary has established branches in Belgium and

    Germany.

    ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India

    Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).

    Achievements

    For the third year in a row ICICI Bank has won The Asset Triple A Country Awards for Best Domestic Bank in

    India

    ICICI Bank won the Most Admired Knowledge Enterprises (MAKE) India 2009 Award. ICICI Bank won the first

    place in "Maximizing Enterprise Intellectual Capital" category, October 28, 2009

    Ms Chanda Kochhar, MD and CEO was awarded with the Indian Business Women Leadership Award at NDTV

    Profit Business Leadership Awards , October 26, 2009.

    ICICI Bank received two awards in CNBC Awaaz Consumer Awards; one for the most preferred auto loan and

    the other for most preferred credit Card, on September 30, 2009

    Ms. Chanda Kochhar, Managing Director & CEO ranked in the top 20 of the World's 100 Most Powerful Women

    list compiled by Forbes, August 2009 Financial Express at its FE India's Best Banks Awards, honoured Mr. K.V. Kamath, Chairman with the Lifetime

    Achievement Award , July 25, 2009

    ICICI Bank won Asset Triple A Investment Awards for the Best Derivative House, India. In addition ICICI Bank

    were Highly commended , Local Currency Structured product, India for 1.5 year ADR GDR linked Range Accrual Note.,

    July 2009

    ICICI bank won in three categories at World finance Banking awards on June 16, 2009

    o Best NRI Services bank

    o Excellence in Private Banking, APAC Region

    o Excellence in Remittance Business, APAC Region

    ICICI Bank Mobile Banking was adjudged "Best Bank Award for Initiatives in Mobile Payments and Banking" by

    IDRBT, on May 18, 2009 in Hyderabad.

    ICICI Bank bags the "Best bank in SME financing (Private Sector)" at the Dun & Bradstreet Banking awards

    2009.

    ICICI Bank NRI services wins the "Excellence in Business Model Innovation Award" in the eighth Asian Banker

    Excellence in Retail Financial Services Awards Programme.

    ICICI Bank's Rural Micro Banking and Agri-Business Group wins WOW Event & Experiential Marketing Award in

    two categories - "Rural Marketing programme of the year" and "Small Budget On Ground Promotion of the Year".

  • 8/8/2019 Corporate Law Share Price Project

    4/13

    These awards were given for Cattle Loan 'Kamdhenu Campaign' and "Talkies on the move campaign'

    respectively.

    ICICI Bank's Germany Branch has been certified by "Stiftung Warrentest". ICICI Bank is ranked 2nd amongst 57

    savings products across 19 banks

    ICICI Bank Germany won the yearly banking test of the investor magazine uro in the "call money"category.

    The ICICI Bank was awarded the runner's up position in Gartner Business Intelligence and Excellence Award for

    Asia Pacific for its Business Intelligence functions.

    ICICI Bank's Organisational Excellence Group was recently awarded ISO 9001:2008 certification by TUV Nord.

    The scope of certification comprised processes around consulting and capability building on methods of quality &

    improvements.

    ICICI Bank has been awarded the following titles under The Asset Triple A Country Awards for 2009:

    o Best Transaction Bank in India

    o Best Trade Finance Bank in India

    o Best Cash Management Bank in India

    o Best Domestic Custodian in India

    ICICI Bank has bagged the Best Cash Management Bank in India award for the second year in a row. The other awards

    have been bagged for the third year in a row.

    ICICI Bank Canada received the prestigious Canadian Helen Keller Award at the Canadian Helen Keller Centre's

    Fifth Annual Luncheon in Toronto. The award was given to ICICI Bank its long-standing support to this unique

    training centre for people who are deaf-blind.

    Company s financials

  • 8/8/2019 Corporate Law Share Price Project

    5/13

    P&L A/C

  • 8/8/2019 Corporate Law Share Price Project

    6/13

  • 8/8/2019 Corporate Law Share Price Project

    7/13

    Reasons for price fluctuation

    10th March 2010

    In a clear indication that it is seeing robust growth, ICICI Bank has recruited 2,000 newemployees in two months, reports CNBC-TV18's Latha Venkatesh. It now has a little over36,000 employees on its rolls and expects to end FY11 with a 10% higher workforce, i.e. 40,500people. That, incidentally was the highest number of employees it had in its zenith days of March2008.

    ICICI Bank had trimmed its force to 33,000 in 2009, but is now recruiting for growth and to fillattrition. The main areas where it is recruiting are for getting deposits -- especially savings andcurrent accounts, home loans, and commercial banking.

    India's largest private sector bank has never deserted the campuses. It recruits 120 students from

    the top 12 B-Schools every year and another 350 students from the second and third tier B-Schools.

    9th March 2010

    ICICI Bank has touched an intra day high of Rs 924.40 and an intra day low of Rs 915.25. At10:26 hrs the share was quoting at Rs 916.80, down Rs 5.95, or 0.64%.

    The bank sold Prabhadevi property to rationalize costs, reports CNBC-TV18.It was trading with volumes of 151,140 shares.

    ICICI Bank has allotted 15,860 equity shares of face value of Rs. 10 each on 08 March 2010 under theEmployees Stock Option Scheme, 2000.

    5th

    march 2010

    Home loan and auto loan rates are set to get expensive for new borrowers, reports CNBC-TV'18sVidhi Godiawala. ICICI Bank and HDFC have discontinued their special home loan scheme andICICI Bank and Kotak Mahindra Bank have hiked their auto loan rates by 50 basis points startingtomorrow.

    Banks have not hiked their prime lending rate just yet. The higher rates as of now are for newborrowers.

    http://www.moneycontrol.com/company-article/icici-bank/news/ICI02http://connect.in.com/latha-venkatesh/profile-395213.htmlhttp://connect.in.com/latha-venkatesh/profile-395213.htmlhttp://www.moneycontrol.com/company-article/icici-bank/news/ICI02http://www.moneycontrol.com/company-article/icici-bank/news/ICI02http://connect.in.com/latha-venkatesh/profile-395213.htmlhttp://www.moneycontrol.com/company-article/icici-bank/news/ICI02
  • 8/8/2019 Corporate Law Share Price Project

    8/13

    ICICI Bank has raised auto loan rack rates by 25-50 bps starting tomorrow. The rates hikeddepend on the segment and tenor of auto loans. India's largest private sector bank willdiscontinue its 8.25% home loan scheme from March 1. HDFC too has discontinued its 8.25%home loan offer.

    Block Dealsare one of the factors in fluctuation in share price of a company, bulk purchases have been made on thedate mentioned with respective quantities.

    SHARE PRICE MOVEMENT

    DateToday'

    s Open

    Today'

    s High

    Today'

    s Low

    Today'

    s CloseVolume

    BSE

    12/3/201

    0 935 941.1 932.05 936.9 573202

    11/3/201

    0 915 936 915 931.4 690670

    925 929.7 908.5 917.8 828760

  • 8/8/2019 Corporate Law Share Price Project

    9/13

    10/3/201

    0

    9/3/201

    0 922.1 933.8 909.2 924.8 909300

    8/3/201

    0 915 926.6 913 922.75

    106112

    5

    5/3/201

    0 901.05 908.2 891.65 901.8 489301

    4/3/201

    0 912 913.95 890 897.95 561954

    3/3/201

    0 902 911.9 894.55 908.6 857441

    FIFTY TWO WEEK HIGH LOW

    EXCHANGE

    NAMEHIGH (RS.) HIGH DATE LOW (RS.) LOW DATE

    BSE 983.70 07/10/2009 267.00 12/03/2009

  • 8/8/2019 Corporate Law Share Price Project

    10/13

    Comparison

  • 8/8/2019 Corporate Law Share Price Project

    11/13

    The Graph below shows the change in share prices of ICICI Bank and its

    competitors (HDFC BANK, AXIS BANK, KOTAK MAHINDRA BANK) from 1st

    March 2010 to 11th March 2010.

    Share price of all the banks as you can see above in the graph has

    increased due to a upward trend in the market.

    ICICI bank being the highest gainer in increased at the rate of 7% in

    this week .

  • 8/8/2019 Corporate Law Share Price Project

    12/13

    As you can see above in the graph Axis Bank is the lowest gainer with

    2.41%.

    Conclusion

  • 8/8/2019 Corporate Law Share Price Project

    13/13